Maruyama Mfg. Co., Inc. Revises Earnings Forecast — Operating Profit Doubles
Maruyama Mfg. Co., Inc. (TSE:6316) has raised its interim earnings guidance for the fiscal year ending September 2026, citing strong domestic demand and recovering overseas orders.
| Item | Before | After | Change |
|---|---|---|---|
| Revenue | JPY 18.5bn | JPY 20.3bn | +9.7% |
| Operating Profit | JPY 350M | JPY 700M | +100.0% |
| Ordinary Income | JPY 350M | JPY 750M | +114.3% |
| 親会社株主に帰属する中間純利益 | JPY 200M | JPY 400M | +100.0% |
| １株当たり中間純利益 | JPY 51M | JPY 102M | +100.8% |
The upward revision reflects robust demand for large-scale agricultural sprayers and power sprayers in the domestic market, driven by sustained high wholesale prices for rice. Additionally, the company is seeing a recovery in industrial pump orders overseas, contributing to the stronger-than-expected interim performance.
The revision applies only to the six-month interim period (October 2025–March 2026). Management has not adjusted full-year guidance, citing the need to monitor geopolitical developments in the Middle East and assess progress on cost reduction initiatives before providing updated annual projections. International investors should note that ordinary income (keijo rieki) is a Japan-specific metric that includes non-operating financial items and differs from operating profit. The interim net profit per share is projected to reach JPY 101.54/share, double the previous forecast.
Source: Original filing (TDnet) | 日本語版
This article is for informational purposes only and does not constitute investment advice. Always verify against the original filing.